I'm honestly really disappointed by this program. UTVideo crashed it outright, and the UI and editing controls are among the worst I've ever encountered. And after some conversation in the IRC channel, apparently even the UI's behavior is inconsistent between users (some of us couldn't even see the "close program" button and had to force-kill the process).

There's potential here, but it's saddled with such a crappy interface, it's near-impossible to use. Maybe a few versions down the road, after they release the source and get engineers working on it rather than eye-candy specialists, it might be worth recommending. For now, steer clear.